In their third year under head coach Robert Meyne, the Knights compiled a perfect 8–0 record (6–0 in conference games), won the HCC championship, and outscored opponents by a total of .
[1] Bob Courtney, Canterbury's 5'8", 155-pound halfback and co-captain, led the conference with 19 touchdowns and 114 points scored.
Courtney also played at safety on defense and was selected to the 1950 Little All-Indiana football team.
Other Canterbury players named to the Little All-Indiana team were: center John Syrek; tackle Joe Springer; and defensive guard Abie Carter.
[1] Other key players included freshman quarterback George Barlow, right halfback Evan Fine, and senior fullback Trent Gipson.